Cracks in the United States’ relationships with some of its closest friends and allies were on full display at a meeting of the world’s largest economies in Canada this week.

The fissures have been caused by US President Donald J. Trump’s America First approach that has led to the US withdrawal from two multilateral agreements—the Iran nuclear deal and the Paris climate agreement—and imposition of metal tariffs on the European Union (EU), Mexico, and Canada on the pretext of protecting US national security.

As the world awaits the much-anticipated summit between US President Donald J. Trump and North Korean leader Kim Jong-un in Singapore on June 12, the president must first prepare for another important meeting: the G7.

On Thursday, May 31, 2018 President Trump’s administration imposed new steel and aluminum tariffs on Canada, Mexico, and European Union; three of the US’ closest allies. The Atlantic Council’s Adrienne Arsht Latin America Center, in partnership with the Atlantic Council’s Global Business and Economics Program held a conference call the following day to discuss the regional and international implications of the tariffs. Below is the full audio recording and summary.